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Report: Spencer Dinwiddie Agrees to 3-Year, $62M Wizards Contract in Sign-And-Trade

Joseph Zucker@@JosephZuckerFeatured Columnist IVAugust 4, 2021

BOSTON, MA - DECEMBER 25: Spencer Dinwiddie #26 of the Brooklyn Nets handles the ball against the Boston Celtics during a game on December 25, 2020 at the TD Garden in Boston, Massachusetts.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2020 NBAE  (Photo by Brian Babineau/NBAE via Getty Images)
Brian Babineau/NBAE via Getty Images

Free-agent guard Spencer Dinwiddie agreed to a three-year, $62 million deal with the Washington Wizards, according to Shams Charania of The Athletic and Stadium.

Washington will add Dinwiddie in a sign-and-trade with the Brooklyn Nets, with Brooklyn receiving a 2024 second-round pick and a 2025 pick swap, per Charania and ESPN's Adrian Wojnarowski

Tim Bontemps of ESPN added:

Tim Bontemps @TimBontemps

The 2025 swap will be for the better of Golden State's second round pick – which Brooklyn controls – and Washington's second round pick, a league source tells ESPN. <a href="https://t.co/cyLJO4h7by">https://t.co/cyLJO4h7by</a>

Kristian Winfield of the New York Daily News reported Brooklyn attempted to get Washington to include Deni Avdija—the No. 9 pick in the 2020 NBA draft. The Nets also weren't interested in receiving Kyle Kuzma, Kentavious Caldwell-Pope or Montrezl Harrell in the deal.

Brooklyn, according to Winfield, was unwilling to include DeAndre Jordan because of the center's connection to the team's star-studded core of Kevin Durant, Kyrie Irving and James Harden.

Per Wojnarowski, the Wizards will also send Chandler Hutchison and a 2022 second-round pick to the San Antonio Spurs in the deal, which will involve five teams:

Adrian Wojnarowski @wojespn

Washington-Brooklyn-San Antonio has been expanded to five teams, including the folding in of the Indiana-Lakers draft night trades with Wizards, sources tell ESPN. <a href="https://t.co/lSGZMjNS7L">https://t.co/lSGZMjNS7L</a>

Bobby Marks @BobbyMarks42

Here is what the 5 teamer looks like<br><br>To WASH<br>Kuzma<br>KCP<br>Harrell<br>Dinwiddie<br>A. Holiday<br>Rights to I. Todd (#31)<br><br>To LAL<br>Westbook<br><br>To BKN<br>2024 2nd<br>2025 2nd (right to swap with GSW or WAS)<br>$11.5M Trade Exception<br><br>To IND<br>Rights to I. Jackson (#22)<br><br>To SAS<br>C. Hutchison<br>2022 2nd (WAS)

The Wizards had already agreed to trade Russell Westbrook to the Los Angeles Lakers for Kuzma, Caldwell-Pope, Harrell and the No. 22 pick, Isaiah Jackson. They also worked a draft-night trade with the Indiana Pacers to add Aaron Holiday and No. 31 pick Isaiah Todd for Jackson.

The Athletic's Fred Katz reported Dinwiddie's contract was ironed out in short order but that Washington had to work on the particulars of the trade:

Fred Katz @FredKatz

The Wizards targeted Spencer Dinwiddie from the moment free agency began. They agreed quickly on a contract but spent essentially two straight days trying to work out the details of what became a five-team trade to acquire him.<br><br>A wild finish — this time in Washington’s favor.

Dinwiddie reacted to the move on social media:

Spencer Dinwiddie @SDinwiddie_25

<a href="https://t.co/SZXPUY5AIL">pic.twitter.com/SZXPUY5AIL</a>

The 28-year-old was limited to three games last season after suffering a torn right ACL. He was cleared for basketball-related activities in June, with Dr. Riley Williams telling Charania the 6'5" scorer "looks and feels and moves like the pre-injury Spencer Dinwiddie."

The Wizards are hoping the 2019-20 version of Dinwiddie returns. He averaged 20.6 points and 6.8 assists per game that season, playing a big role in the Nets' reaching the playoffs. His 31.8 percent career clip on three-pointers is concerning, but Kuzma and Caldwell-Pope shot career bests of 36.1 percent and 41.0 percent in 2020-21.

Washington had a void in its backcourt after the Westbrook trade. Adding another point guard was imperative if the team wants to contend in 2021-22.

The front office also has to do what it can to entice Bradley Beal to stick around. The three-time All-Star can opt out of his contract next summer, and the situation is such that fans are wondering about the implications of a solitary emoji:

Bradley Beal @RealDealBeal23

🤔

Dinwiddie is a downgrade from Westbrook, but the Wizards might be collectively stronger with the deals they've made.